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What is predictive analytics? Transforming data into future insights

CIO Business Intelligence

Predictive analytics definition Predictive analytics is a category of data analytics aimed at making predictions about future outcomes based on historical data and analytics techniques such as statistical modeling and machine learning. Airlines frequently use predictive analytics to set ticket prices reflecting past travel trends.

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10 most in-demand generative AI skills

CIO Business Intelligence

If any technology has captured the collective imagination in 2023, it’s generative AI — and businesses are beginning to ramp up hiring for what in some cases are very nascent gen AI skills, turning at times to contract workers to fill gaps, pursue pilots, and round out in-house AI project teams.

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Top 10 Data Innovation Trends During 2020

Rocket-Powered Data Science

I provide below my perspective on what was interesting, innovative, and influential in my watch list of the Top 10 data innovation trends during 2020. 2) MLOps became the expected norm in machine learning and data science projects. 7) Deep learning (DL) may not be “the one algorithm to dominate all others” after all.

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11 most in-demand gen AI jobs companies are hiring for

CIO Business Intelligence

A recent survey of senior IT professionals from Foundry found that 57% of IT organizations have identified several areas for gen AI use cases, 25% have started pilot programs, and 41% are engaged in training and upskilling employees on gen AI.

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Business process reengineering (BPR) examples

IBM Big Data Hub

An early case study of BPR was Ford Motor Company, which successfully implemented reengineering efforts in the 1990s to streamline its manufacturing processes and improve competitiveness. This might include streamlining payroll processes, digitizing HR operations or automating invoicing procedures.

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The 10 biggest issues IT faces today

CIO Business Intelligence

CIOs are used to rapid change. New technologies hit the market, existing ones evolve, business needs change on a dime, staff comes and goes. IT leaders are now contending with continued pandemic-related disruptions, geopolitical instability, and economic volatility — on top of those usual factors. Customer experience.

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InfoTribes, Reality Brokers

O'Reilly on Data

With broadcast media and the culture industries came the ability to forge top-down, national identities that could be pushed into the living rooms of families at prime time, completing the project of the press and newspapers in nation-forming. On top of this, ignorance has been actively cultivated and produced.